Kanarys, led by CEO Mandy Price and based in Dallas, Texas, offers a DEIB technology platform that provides framework, benchmarking, and data for companies to incorporate DEI into every area of the organization. Its Equity Innovation Solution delivers a data-driven approach to pinpoint DEI blindspots across talent acquisition, retention, performance reviews, and pay practices, enabling targeted, immediate action and measurement of impact on business outcomes. The company serves major customers including Yum! Brands, Silicon Labs, the Chuck E. Cheese Corporation, 7-Eleven, and other Fortune 500 companies, and has strategic partnerships with Prospanica, the National Society of Black Engineers, and INROADS. Kanarys has grown over five years to a category industry leader in DEIB. Following the Series A, the company plans to recruit six executive hires focused on DEIB, engineering, finance, operations, product marketing, and sales, and to further expand the Kanarys DEIB technology platform. The company has raised a total of $10.5 million to date. Kanarys provides a data-driven service that assesses companies' diversity and inclusion efforts by analyzing Equal Employment Opportunity reports, reviewing policies on promotion, recruitment and benefits, and conducting quarterly employee surveys. It integrates with customers' HR systems to track pay equity and promotions. The company also operates a job-seeker database of roughly 1,000 companies that functions like Glassdoor with a focus on D&I perspectives. Launched in late 2019 by Mandy Price, Bennie King and Star Carter, Kanarys counts about a dozen clients including Yum Brands, the Dallas Mavericks and Neiman Marcus. The startup raised $3 million in seed funding to help expand its product and customer base. Kanarys positions its offering as a way to surface structural and systemic inequities and enable companies to make informed, intersectional decisions around diversity and inclusion. Kanarys is a Dallas, TX–based technology platform that helps companies and employees collaborate on workplace diversity, equity and inclusion (DEI). Led by CEO Mandy Price and COO Star Carter, the platform lets employees anonymously provide feedback by rating their company on five key metrics and answering DEI-focused questions that incorporate AI and machine learning. Kanarys aggregates and anonymizes that feedback to produce analytics and DEI metrics that clients can use to benchmark internally over time and against industry competitors. Using those in-depth analytics, the company assists clients with implementing solutions to create more inclusive employee environments. The company has secured strategic partners including the University of Texas at Austin, National Urban League and Spectrum Knowledge. The $1.5M raised in its first funding round will be used to grow the business-development and sales teams and expand its technical and analytics staff.

Total raised

$10M

Funding rounds

3

Latest round

Series A

Latest activity

Feb 2023